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THE HOME SCORING SYSTEM
The home scoring system is a way to evaluate a home that will aid in recognizing how to effectively reposition it to sell in the marketplace. This 17 point system effectively predicts the home's odds of selling based on its competitive strengths and weaknesses combined with our current local market conditions. It was developed by a team of real estate professionals who specialize in positioning homes to sell for top dollar.

The results are added up and then a grade letter is assigned. Nationally, here is what those grades mean:


A= 95-100% chance of selling

B= 85-80% chance of selling

C= 15-20% chance of selling

D= 5-10% chance of selling


It is important to focus on getting the homes score to its highest point.

 

1. Home Warranty Plan:                                3

 

2. Accepted Financing Terms:

a. Conventional only                               1

b. FHA/VA                                               2

c. Seller Financing                                  3

 

3. Term of the listing:

a. 120 Days                                             1

b. 180 Days                                             2

c. 210 Days                                             3

 

4. % Above the Expected Price:

a. 6-10%                                                 0

b. 1-5%                                                   1

c. Market                                                 5

 

5. Activity level in the price range:

a. Weak                                                  0

b. Average                                              1

c. Strong                                                 3

 

6. Yard Sign Allowed:

a. No                                                       0

b. Yes                                                      2

 

7. Immediate Possession:

a. No                                                       0

b. Yes                                                      1


8. Pre-Ordered Appraisal:

a. No                                                       0

b. Yes                                                      4

 

9. Contingencies:

a. Yes                                                      0

b. No                                                       1

 

10. Property Condition:

a. Poor                                                    0

b. Good                                                   1

c. Excellent                                             4

 

11. Market Area:

a. Outer                                                   0

b. MLS Zone                                           2

 

12. Average Days on Market

a. Over 120                                            0

b. 60-120                                                1

c. 60 or less                                            3

 

13. Competition in the area:

a. Strong                                                 0

b. Average                                              1

c. Weak                                                   3

 

14. Function and Use:

a. Poor                                                    0

b. Good                                                   1

c. Excellent                                             2

 

15. Easy Access for Showings:

a. No                                                       0

b. Yes                                                      1

 

16. Available for Open houses:

a. No                                                       0

b. Yes                                                      1

 

17. Strategically Priced:

a. No                                                       0

b. Yes                                                      1


 

 

HOME SCORE RATING

35-42= A

30-34= B

20-30= C

15-20= D

 

 


A= 95-100% chance of selling

B= 85-80% chance of selling

C= 15-20% chance of selling

D= 5-10% chance of selling






 

 

 

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